Commodity market In India

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Commodity market In India
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History of the Indian Commodity Exchanges

• The first futures market commenced in 1875 with
  setting up of the Bombay Cotton Trade Association
  Ltd.
• The Bombay Cotton Exchange was constituted in
  1983.
• The Gujarati Vyapari Mandal was set up in 1900
  for trading in groundnut, castor seeds and
  cotton.
• The Calcutta Hessian Exchange Ltd. was set up
  1919 for trading in raw Jute.

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• East India East Association Ltd. was set up in
  1927 for trading in raw Jute.
• The futures market in bullion began in Mumbai in
  1920.
• Similar markets were established in Rajkot,
  Jaipur, Jamnagar, Kanpur, Delhi and Calcutta.

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What is Commodity Trading in India

• Commodity markets have their presence in India
  for over 120 years.
• Commodity trading is the trading of agricultural
  products, energy, metal and bullion.
• You can trade in over 120 commodities.
• The major commodities traded in India are gold,
  silver, crude oil, copper, guar, chana and
  spices.

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Major Commodity Exchanges in India

• Multi Commodity Exchange (MCX)
• It is state-of-the-art electronic futures
  exchange.
• It offers online trading.
• National Commodities Derivatives Exchange
  (NCDEX)
• It is professionally managed online multi
  commodity exchange.

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Commodity Market in India

• The commodities are traded under the futures
  contract.
• Futures contract is an agreement to buy, sell or
  deliver later.
• Futures contract is a way of getting products
  from producer to consumer.

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• Want to know more?
• Please Visit
• www.tradebulls.in/commodity-derivatives